Posted in Property Investment
Actors and musicians seeking home loans - it doesn’t have to be difficult, FinancePath are here to help!
Posted by Chris Collard
on 1 May 2024
For actors and musicians, securing a home loan can present unique challenges.
Here's a closer look at the hurdles they often face and how we can help them navigate these challenges:
Variable Income Streams:
Actors and musicians often have fluctuating income streams, which can make traditional lenders wary.
However, showcasing consistent income over time, even if it varies, and providing documentation such as contracts, royalties, and gig schedules can help lenders assess your financia...
Posted in:Property InvestmentHome loansproperty purchaseactorsmusicians |
6 key questions we, as your mortgage advisers can help with.
Posted by Mark Attard
on 16 April 2024
In the wake of 13 consecutive cash rate hikes through 2022 and 2023, many aspiring homeowners and current mortgage holders are feeling uncertain.
Worried about achieving your home ownership dream, perhaps you’re questioning what steps to take towards your property investment goals, or you just don’t know what the right thing to do is?
In such times, having a skilled professional by your side is invaluable. We are equipped to guide you through your property journey, amidst the cu...
Posted in:Property Investmentmortgageproperty investorsproperty purchase |
Achieve your dream homeownership sooner than you think!
Posted by Chris Collard
on 3 April 2024
Getting ready to buy a home starts with saving for the deposit. It might seem challenging, but with a solid strategy, you can make it happen.
Here are several things to consider to get you started and on track for home ownership sooner than you think.
1) Set a Realistic Savings Goal
Determine how much you need for a home deposit based on the property you want to buy and your lender's requirements. Typically, a deposit of at least 20% of the property's purchase price is recommended ...
Posted in:Property InvestmentHome loansFirst Home BuyersBorrowing capacitygovernment grants |
Scratching your head trying to understand property jargon?
Posted by Chris Collard
on 22 February 2024
Are you new to the world of property investing?
If you’ve ever found yourself scratching your head at property jargon, we’re here to turn that confusion into clarity. Imagine dazzling your dinner guests with your newfound knowledge, effortlessly chatting about the ins and outs of the market.
Negative Gearing
In simple terms, negative gearing happens when the expenses of maintaining your property—think interest repayments, council rates, and maintenance costs—outweig...
Posted in:Property InvestmentJargon |
Steps to take today to buy tomorrow.
Posted by Chris Collard
on 23 January 2024
Thinking about purchasing your own home this year? How exciting!
The dream of homeownership is facing some new challenges, especially for those in their twenties. Recent data from the Australian Institute of Health and Welfare shows the rate of young adults owning a home dropped from 50% in 1971 to only 36% in the latest 2021 Census. Even for those aged 30–34, it fell from 64% to 60%.
But the dream of having your own home is still very much alive! &nbs...
Posted in:Property Investmentproperty investorsproperty purchasesmart investing |